posted 04-01-2005 15:57               

Cendant Corp. streamlines time share organizations

Cendant Corp., the parent company of Fairfield Resorts, has consolidated its time share leadership under Franz Hanning.

Hanning, who previously managed Orlando-based Fairfield, was named president and CEO of Cendant Timeshare Resort Group, a move which consolidates all of Cendant's worldwide time share resort operations under Hanning.

Those combined operations total more than 700,000 owners, making the organization the largest vacation ownership company in the world, according to Cendant (NYSE: CD).

Hanning replaces John McConnell in the job. McConnell has transitioned to the position of non-executive chairman for the group.

In addition to running Fairfield, Hanning also was president and CEO of Trendwest Resorts-North America. Hanning has been with Fairfield since 1982, where he started as a sales representative. He was named to the CEO job in 2001 after Cendant acquired Fairfield.

posted 04-05-2005 04:38               

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Originally posted by pamsings4u:
Jennie, I've been looking to buy Fairfield points. I'm a newbie here. Been trying to sort all of this out. I definitely think points are the best way for us to start. Would 77,000 points trade well for Hawaii resorts and Mexico. I looked at the points charts for such and it seemed the average around 50,000. So, if I'm correct, we could have a nice Hawaii trade week and about 27,000 points left????? There are so many out there RCI points, Hilton, etc., but when I saw your article it seems they all trade the same. Pam

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